Based on 26 active 488 listings

2016 Ferrari 488 prices in the U.S.

median asking price
$306,075 ↑ $32,520 · 30d

The median asking price for a 2016 Ferrari 488 in the U.S. is $306,075 based on 26 active listings.

As of August 8, 2026, the median asking price for a 2016 Ferrari 488 in the U.S. is $306,075, based on 26 active dealer listings tracked by VinAssessment.

◷ Updated August 8, 2026 ▤ 26 active dealer listings, refreshed daily Methodology →

2016 Ferrari 488 — a typically priced live listing
2016 · live listing photo

Typical: $274,014–$357,471 — the middle half of 26 asking prices

Median $306,075
$207K low $467K high

Why the wide range? Price depends mostly on configuration and mileage — see below. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% (payment-priced ads, typos, salvage) so outliers don't distort it.

What moves the price on a 2016 Ferrari 488

The $274,014–$357,471 typical range isn't randomness — two factors explain most of it:

Trim
Biggest factor
up to $80,050

The GTB Coupe RWD typically asks $289,950, while the Spider RWD asks $370,000 — same year, same market.

Mileage
up to $48,436

Asking prices run about $336,427 under 15K miles and fall to $287,991 at 15K–30K miles — roughly $32,300 for every 10,000 miles.

Find your mileage and trim in the configurator below.

Price this 488

Configure the exact car

Trim
Mileage
15,406 mi
Location
Estimated fair asking price · GTB Coupe RWD
$289,950
at typical mileage, nationwide
Fair range
$269,948$313,075
Matching listings
19 in the U.S.

Modelled from 19 real asking prices, adjusted for mileage and location. Not a formal appraisal.

What would a 2016 Ferrari 488 cost per month?

Estimate the monthly payment on a $289,950 vehicle. Move the numbers to match your own loan.

10% down
7.0% is a typical rate for a well-qualified buyer — use your own quote if you have one.
Loan term
Estimated monthly payment
$5,167
per month
60 months · 7.0% APR · $28,995 down
Amount financed
$260,955
Total interest
$49,065

Estimate only. Excludes tax, title, registration and dealer fees, and assumes a fixed-rate loan with equal monthly payments. Your actual rate depends on your credit and lender.

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2016 Ferrari 488: a fair price for your mileage

A 2016 Ferrari 488 sheds roughly $32,300 for every 10,000 miles. Find your mileage below.

Live asking prices — August 8, 2026 · 26 active listings

$300K $400K 15K mi All listings GTB Coupe RWD Spider RWD
Chart data

Fair price by mileage and trim

Mileage All listings GTB Coupe RWD Spider RWD
Under 15K miles $336,427 $329,000 $441,498
15K–30K miles $287,991 $277,676 $360,382

Medians of live asking prices per band and version; “—” means fewer than 3 matching listings. National data.

Fair price by mileage — all versions combined

Mileage Based on Fair price Typical range
Under 15K miles 11 listings $336,427 $318K–$395K
15K–30K miles 15 listings $287,991 $270K–$313K

Same trim and condition assumed — mileage is the biggest lever after configuration.

2016 Ferrari 488: price by trim

Trim Based on Median price Typical range Where it sits
GTB Coupe RWD 19 listings $289,950 $270K–$313K
Spider RWD 7 listings $370,000 $360K–$441K

Based on a small number of listings per trim — medians are indicative, not definitive.

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$306,075
Pre-owned median (26)
15,406
Average mileage

Price history

Median asking price by month · shaded band is the typical range (25th–75th percentile)

The median listing price for a 2016 Ferrari 488 is $329,000 (July 2026) — up 43.1% from $229,950 in August 2025.

$250K $300K $350K Aug ’25 Oct ’25 Dec ’25 Jun ’26 Jul ’26
Monthly price table
Month Median price Typical range Vehicles listed
July 2026 $329,000 $288K–$350K 17
June 2026 $247,493 $231K–$299K 12
December 2025 $225,998 $216K–$260K 11
October 2025 $242,484 $240K–$260K 14
August 2025 $229,950 $215K–$255K 11

2016 Ferrari 488 prices by state

California — 4 active listings Florida — 5 active listings Texas — 3 active listings 4California — 4 active listings 5Florida — 5 active listings 3Texas — 3 active listings
Numbers = active listings in the busiest states; blue states have inventory now
State Typical price Listed this year Active now
Florida $244,997 16 5 Shop 2015–2017 nearby →
Texas $244,990 8 3 Shop 2015–2017 nearby →
California $242,497 6 4 Shop 2015–2017 nearby →

Listed this year counts every 2016 Ferrari 488 first listed in 2026 (sold and active), with currently active cars as a floor. Typical price is the median of each car's latest asking price — or the average of active listings where this-year data is thin.

Keep exploring 488 prices

2016 Ferrari 488 · $306,075 typical · 26 listings

Other Ferrari 488 years

Typical asking price Max $419K

See full Ferrari 488 depreciation curve →

More 2016 Ferrari prices

Most listed first Max $130K

All Ferrari models →

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Frequently asked questions

Why do 2016 Ferrari 488 prices range from $207,495 to $466,849?

The spread comes down to configuration and mileage: higher-mileage, base-configuration examples sit near the low end, while low-mileage and premium configurations reach the top. Half of all listings fall between $274,014 and $357,471 — see the mileage and trim breakdowns above for where a specific vehicle lands.

How much should mileage change the price of a 2016 Ferrari 488?

Expect roughly $32,300 less for every 10,000 miles on the odometer. A 60K-mile example should cost about $96,900 less than a 30K-mile one of the same trim — check the fair-price-by-mileage table above for your band.

How many 2016 Ferrari 488 are for sale right now?

26 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.

How we calculate these prices

We track 26 active listings for this vehicle across dealer sites nationwide, updated every day. Average and median are computed from real asking prices on live listings. We exclude the top and bottom 2% of prices to remove data errors, salvage titles, and monthly-payment figures posted as if they were sale prices. Prices reflect dealer asking prices — not final sale prices — and exclude taxes, fees, and incentives. Trim and mileage move the price more than any other factor; see the breakdowns above.

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